Kazakhstan’s trade with OECD countries increases

Kazakhstan has strengthened trade ties with Organisation for Economic Co-operation and Development (OECD) countries over the past year, Kursiv.kz reports.

The achieved growth is $12.6 billion. In seven months of 2021, trade with OECD countries was $21.2 billion, and in seven months of 2022, the volume of trade was $33.8 billion.

Such data were published by the State Revenue Committee of the Ministry of Finance of Kazakhstan. In the first seven months of this year, goods were exported for $27 billion, imported – for $6.8 billion.

The average dynamics of changes in exports and imports from the member countries of the organization for the year in monetary terms showed an increase of 2 and 1.3 times, respectively.

The OECD has 38 countries, most of which are members of the EU. A significant share of the OECD’s activities is related to combating money laundering, tax evasion, and corruption.

The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives.

Photo: Kursiv.kz

Sept. 13, 2022